Rental Management 101: Introduction to Rental-Module 6: Getting Started in Rent to Rent

Module 6: Getting Started in Rent to Rent - Part 2

Video Transcription

Video Summary

In this video, the speaker discusses the importance of reviewing IT systems and computer software for a rent-to-rent fleet. They emphasize the need for the software to support processes such as rental orders, managing documentation, and workflow. It is suggested to sit down with the software vendor and assess if the software is equipped to handle rental fleets. The speaker highlights the importance of master records, rental rates, and reporting processes for making informed decisions and maximizing profit. Other aspects to consider include facility review, policies and documentation, transportation, pricing strategy, and employee training. Safety training is also crucial to minimize liability.

Keywords

IT systems

rent-to-rent fleet

rental orders

workflow

safety training